New housing construction starts
correlates with
Starbucks stores worldwide
r = 0.98899% · 2010-2022
New housing construction startsStarbucks stores worldwide
These two datasets have a 99% correlation over 2010-2022. Remember: correlation does not imply causation. But it does waggle its eyebrows suggestively.
Data Sources
New housing construction startsfred.stlouisfed.org ↗
Starbucks stores worldwidegrabon.com ↗
spuriouscorrelation ≠ causation